United States Steel Plans Open-Hearth Expansion Amid Steel Upsurge
United States Steel Corporation has allocated about 20 million dollars for modernization and expansion, largely to replace Bessemer furnaces with open-hearth units. Funds will modernization Edgar Thomson Works in Braddock, Minnesota Steel at Duluth, and a new slabbing mill at Gary, signaling strong demand despite overcapacity worries.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Bessemer
Iron Trade Review
Edgar Thomson
Carnegie Steel Company
Braddock
Penin
Minnesota Steel Company
Duluth
Gary
Bessemer Steel
Albany Food Bill High Says Osborn at Meeting
The New York State Food Investigating Commission finished its Albany market inquiry. Hearing dates move to Buffalo June 13 14 then Syracuse and Rochester. Osborn warned Albany residents spend about 8 million annually on food with rising 10 year prices and urged local production and auction price facilities to aid farmers.
MENTIONED IN THIS ARTICLE
Albany
New York State Food Investigating Commission
Buffalo
Syracuse
Rochester
William Church Osborn
Albany Plan Association
New York
Pease of
Wright Admits Everglades Deals Taint NC Land Plans
J O Wright, testifying to the House Committee probing Florida Everglades charges, acknowledged private land deals in North Carolina while a Department of Agriculture drainage engineer. He took stock from Albermarle Development, arranged land reclamation plans, and earned cash and stock from several deals including a Lake Mattamuskeet sale, with involvement by Rep Small and others.
MENTIONED IN THIS ARTICLE
Washington
J.O. Wright
House Committee
Florida Everglades
North Carolina
Department of Agriculture
Wright
Albermarle
J. N. Wilkinson
Bellehaven
N. C
Wilkinson
Representative Small
Lake Mattamuskeet
Wilson
Lawrence Brett
Ae Ape
Brett
Small
Albermarle Development Company
Holding Seaboard Shares in Cumberland Plan
The Cumberland Corporation plans to sell Seaboard Air Line holdings but keep ownership intact. Frank A. Vanderlip A H Wiggin and S Davies Garfield will hold the shares as purchaser representatives aiming for Southern capitalists to take control of the company.
MENTIONED IN THIS ARTICLE
Cumberland Corporation
Seaboard Air Line
Seeboard Air Line
Seaboard
Frank A. Vanderlip
National City Bank
A. H. Wiggin
Chase National
Davies
Metal Market Report Shows Renewed Firmness on Exchange
On the metal market yesterday copper and tin prices moved with renewed firmness. Spot tin priced at 45.50 to 45.90 cents per pound across multiple 25 ton lots and months, lead rose slightly, and spelter held steady with 6.50 to 6.55 cents per pound for various lots and dates.
MENTIONED IN THIS ARTICLE
St Louis
London
Cleveland
Treasury finances show daily receipts and year totals
Treasury statement reveals June 4 receipts of 12,826,457 with month and fiscal year totals. Expenditures amount to 1,815,027 for the day, leaving a surplus and deficit figure noted. The report excludes Panama Canal and public debt transactions with balances cited for banks, general fund, and Philippine Treasury.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Panama Canal
United States Treasury
Banks
Philippine Treasury
Aera
General Fund
Home trade opportunities seek bids on military and civilian supplies
Special to The New York Times outlines forthcoming bids and proposals from federal agencies. Items include turbine generators and converters in New London until June 15, Navy Department supplies in Washington until June 18 and 25, structural steel framing for a Mississippi River project, subsistence stores for Marine Hospital hospitals, brush and stone materials for St Louis projects, reinforced concrete work at Fort Lafayette, and medical and hospital supplies for the Army Medical Department with deadlines listed.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Bureau of Manufactures
Department of Commerce and Labor
Washington, D. C
United States Engineer Office
New London
Navy Department
Bureau of Supplies and Accounts
Mississippi River Commission
United States Marine Hospital
Stapleton
N. Y
Louisville
States Engineer's Office
Custom House
T. Louis
Charles L. Potter
Bureau of Yards and Docks
United States Naval Magazine
Fort Lafayette
Medical Department
United States Army
Medical Supply Depot
New York
Foreign trade opportunities noted by U S Consular office
The Consular and Trade Report lists opportunities for American firms in pumps and dredging, electrical signs, railway supplies, iron and bridges, petroleum oils, cotton goods, trunks, railway port work, electric car lines, shoe-shining chairs, rolltop desks, floating docks, cheap window shades, railway sleepers, tobacco machinery, and electric transporters. Notices invite manufacturers to submit catalogues and price lists.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Bureau of Manufactures
Department of Commerce and Labor
Washington, D. C
Mediterranean
Lnes
Black Bea
Ma- Coeury
Montevides
Uruguay
Stocks Out of Town Trade Sluggish Across Markets
Market reports from New York and other cities show limited activity with no broad gains. Copper stocks rose while some energy issues and select industrials posted small advances. Commonwealth Edison touched a multi month low as shipbuilding and several blue chips moved modestly higher.
MENTIONED IN THIS ARTICLE
New York
New York Times
Baltimore Exchange
Houston
Boston
China
Ahmeek
Calumet
Arizona
Granby
Indiana
Isle Royale
Lake
Quincy
Shattuck Arizona
Superior
Trinity
Wolverine
Peoples Gas
Chicago
Sears-Roebuck
Galvester Common
Booth Fisheries
Union Carbide
Commonwealth Edison
Reading
Philadelphia Exchange
Philadelphia
Fraudulent job ads target the unemployed warns Legal Aid Society
The Legal Aid Society reports 36 complaints about swindling advertisements that promise work upon a cash deposit. Applicants are pushed into brief jobs such as garage work for $6 or $7 a week with a $25 training deposit kept by the swindlers. The deposit is promised to be returned once the applicant can serve as a chauffeur, but no return is made. Public notice urges caution against these frauds.
MENTIONED IN THIS ARTICLE
Legal Aid Society
Receivers Named for North American Copper Company
United States District Judge Bellstab named Charles H. Davis of Petersburg Virginia and Charles Hansel of Cranford New Jersey as receivers for the North American Copper Company. The firm was capitalized at 5000 and lost its charter in 1905 for non payment of taxes.
MENTIONED IN THIS ARTICLE
North American
Trenton
WN. J
United States
Bellstab
Charles H. Davis
Petersburg
Charles Hansel
Cranford
North American Coket Company
Morey Questions Figures In Sugar Trust Hearing
Chester S. Morey president of the Great Western Sugar Co testifies in the government suit. He details beet sugar beginnings in Colorado, contracts with farmers, costs of the Greeley factory, and concedes he may have misstated some costs. The hearing adjourns with continued cross examination expected.
MENTIONED IN THIS ARTICLE
Chester S. Morey
Great Western Sugar Company
Sugar Trust
Colorado
United States District Attorney
Knapp
Charles W. Waterman
Denver
Great Western Company
Missouri River
Great Western Company of Colorado
Greeley
Morey
American Sugar Refining Company
Havemeyer
South Brooklyn seeks to buy Prospect Park and NY and Coney Island lines
The South Brooklyn Railway asks the Public Service Commission for approval to acquire 500 shares of Prospect Park and South Brooklyn Railroad and 1 000 shares of New York and Coney Island Railroad at 112 with 4 percent accrued interest plus 4 percent on original purchase. Treasurer Meneely holds most shares and offers the stake, while the BR T owns the West End line via the Coney Island route. A June 13 hearing is scheduled on the proposed purchase and future elevated construction rights connected to the Fourth Avenue Subway.
MENTIONED IN THIS ARTICLE
Westel
Chicago
Ana
Aveeries
Booth
Canal & En Teneee
Monwealth Edison
Int
Harvester
Public Service
People’s Gas
Swift & ‘Co
Asa
Armour Sip
Cudahy
City Con. Ry
Rys. P
Philadelphia
Alliance Ins Pend Cssa
Amalopper
Et Yi
Railways
Cambria Steel
Catawissa Ist
Elec
Itensee
Ins. Co
Lehigh
Ene Ctfs
Lehigh V Blley
Lehigh V. .T
Lehigh V. T. Pf
Minehill
Norristown
Penn
Penn. Salt Mfg. Co
Phila
Iesesst
Phila. T. Ctfs
Seenere Bt
Steel
Am, Gas & Bilec
Spi
Baldwin Loco
Beth. Steel
Keystone
Lehigh Val
Penn. Con
Con. Power Wes. Cw Eee
Peo
Exchange Bank
Phila. Co
Eric
Houst. Oil
Hous
Genetiee
B. N
Seaboard A. L. Pf
Standard Gas & B
Fidelity
Aeeeee
Welsbach Bs
United Railways
Ee Os
Pittsburgh
Caney River Gag
Cong
Crucib
Maryland
Crucible
Seee
Nort. & P. Tract
Ind. Brew
United Rys
United Rvs. Inc
Harbison Non Pr
United Rus. Fdg
Highgrade O Presse Entecece
Mfrs
Boston
Ohio
Okla
Scceccesseaes
Eeenecsee
Csccee
Boston M Ceeaee
Pgh
Boston Suburban Pf
Brew
Seeereeer
Fitchburga
Brew. Pfd
Mass
Estinghouse
Switch & Signal
N. H
Commonwealth Trust
Dato Pacific
Colonial Trust
N. E. Telephone
Am. Ag. Chem
Bsr
Am. Ag. Chem. EU. Service
Rd Pheu. Serv. Pt. Me
Woolen Pf
Amoskeageaweseesece
Boston Land
Ga. Ry
HOC. Ceevee
Pullman
Torrington‘ Aewrensian
United Fruit
United Aot
U. Enene
Sonta
Adventure
Allouez Necesee
Amal. P
aaeree _ AM
Anz
Ariz. M’l
Boston & Corbin
Butte & Butte & Sup
ATIZ
Coon
East Butte
Franklin
I Sai
Mile Royale
Keweenaw
Nevada
Bora Seness
Santa Shannon
Shattuck Aeeeeeeere i
South Weaseners Fc
St. Mary's. Land
Superior
Utah
Victoria
Winona
Wolverine Seeeeeneseke
Am. Tel & Tel
Ariz. Com
South Brooklyn Railway Company
Public Service Commission
Prospect Park & South Brooklyn Railroad Company
New York & Coney Island Railroad Company
Charles D. Meneely
South Brooklyn Railway
Coney Island
West End Line
Fourth Avenue
St. Paul Bonds Largely Subscribed in Recent Offering
Approximately 97 percent of the 35 million dollars of 4 percent convertible bonds were subscribed by stockholders of the Chicago Milwaukee Saint Paul line. The remaining 1.05 million will be taken by the underwriting syndicate. Bonds may convert into common stock at par from June 1, 1917, to June 1, 1922, with proceeds funding major betterments, extensions, and new equipment for St. Paul.
MENTIONED IN THIS ARTICLE
Chicago, Milwaukee & St. Paul
St. Paul
Multiple Company Dividends Declared Across Major Firms
A 1912 notice item lists dividends declared by numerous firms including The North American Company, Weyman Bruton, George W. Helme, The Texas Company, Union Bag and Paper, Producers Oil, New York Central & Hudson River, American Manufacturing, Interborough Rapid Transit, American Tobacco, P Lorillard, and others. Payments target stockholders of record mid June or early July. book closures vary. several issues note checks mailed to those with dividend orders.
MENTIONED IN THIS ARTICLE
the North American Company
Broad Street
New York
Niagara Falls Power CO
Yr. L. Lovelace
Weyman-Bruton Company
Union Square
North
Hunter Brooke, Jr
Sec’y & Treas
George W. Helme Company
Fifth Avenue
E. D. Christian
Sec
Y & Treas
THE
Texas Company
Houston
Texas
Zere
E. Brooks
Pest Wayne & Chicagoilway Company
Messrs. Winslow, Lanier & Comany
Cedar Street
New York City
lMenk
Adl Eee
Coleman
Entowiag and Paper Coo
Battery Place
N. Y
E Union Bag and Paper Company
James F. Bush
Producers Oil Company
W. H. Lockhart
Pittsburgh, Fort Wayne
Chicago
Railway Company
Messrs.Winslow, Lanier & Company
R. M. C Man
NEW York Central & Spres River Railroad Company
Henry R. Murray
Pues Hone
Interborough Rapid Transit CO
Stockoldera
Saturda
H. M&m
J. G. White & Company, Inc
Exchange Place
Manila Electric Railroad and Lighting Corporation
T W. Moffat
American Smelters Securities Co
Broadway
American Smelters Securities Company
W.e. Merriss
Rubber Goods Manufacturing CO
Rubber Goods Manufacturing Comp
RE. J. Hathorne
Porto Rico
Sugar Co
Une
Messrs
Ican Can Company
Ismon
OO International Packing Machine Co
Pine St
A. L. Moreno
Technk
American Snuff Company
Memphis
Tenn
E. W. Somers
American Tobacco Company
Fifth Ave
J. M. W. Hicks
P. Lorillard. Company
Jersey City
N. J
WM. B. Rhett
P. Lorillard Company
Dissolution Notice from Gallatin National Bank of New York
The Gallatin National Bank of New York at 11 Nassau Street announces dissolution. All noteholders and creditors of the bank’s association are asked to present notes and claims for settlement. Dated May 27, 1912 in New York.
MENTIONED IN THIS ARTICLE
Gallatin National Bank
City OF
New York
Nassau Street
Borough of
Manhattan
City and County of New York
Proposals Sought for Electric Lighting at Fort Hancock
Sealed proposals in triplicate due by June 15 1912 at 12 M to install electric lighting system and equipment at the power plant Parsonsburg Fort Hancock New Jersey. Envelopes must be indorsed proposals for installing electric lighting system and addressed to Quartermaster. West Point plans announced for coal supply at post with June 10 1912 bid deadline and fiscal year deliveries to June 30 1913.
MENTIONED IN THIS ARTICLE
West Point
United States Military Academy
N. G
Fort Hancock
N. J
Quartermaster
N. Y
U. S
MOTT
Salem
Also Mentioned on This Page
W. C. Osborn
Everglade
J. O. Wright
Seaboard Shares
Metal Market Reports
Baltimore
San Francisco
Julia
Os Potosi
Belmont
Jim Butler
Goldfield C
Ot McNamara
Goldfield Mercer
Midway
Great Bendeusseancee Montana
C. North Star
Jumbo
Seeesere Rescue
Florence Tonopah
Lone Star
West
Rlecedons Red
eKinney
el Paso
Portland
Isabella Lamp
Real Estate AP Auction
Mammoth
West End
J. F. Fogarty
Beekman Clarke Brothers
Nassau St
Tribune Bldg
Butte Electric & Power Co
Butte Electric and Power
Cedar St
United States Mortgage and Trust . Company
Calvert Brewer
State OF New York
State Comptroller’ S Office
Erie, Champlain
Oswego
Cayuga and
Saratoga Springs
WM. Sohmer
State Comptroller
New Orleans
City Hall
General Assembly
State of Louisiana
N. GC. S
Public Belt Railroad
Public Belt Railroad Commission
W. B. Thompson
Charles R. Kennedy
Cepa
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